最近推出的杠杆交易所交易基金跟踪XRP在资产流入方面正在获得动力。

Teucrium 2倍长的每日XRP ETF（其股票符号为XXRP）在过去四个星期中一直流入。

Recently launched leveraged exchange-traded funds are gaining momentum as evidenced by rising asset inflows.

最近推出的杠杆交易所贸易资金正在获得势头，这是资产流入增长所证明的。

The Teucrium 2x Long Daily XRP ETF (NYSE:XXRP) has seen four consecutive weeks of inflows. Its assets have now risen from zero to over $67 million.

每日2倍长的XRP ETF（NYSE：XXRP）连续四个星期的流入。它的资产现在从零增加到6700万美元。

The ETF’s performance has also outpaced that of Ripple’s (NYSE:XRP) XRP. It has jumped by 26% since its launch, while the XRP price has risen by 16.4% in the same period.

ETF的性能还超过了Ripple（NYSE：XRP）XRP的性能。自推出以来，它的增长增长了26％，而XRP价格在同一时期上涨了16.4％。

The XXRP ETF’s inflows are notable because of its cost structure. While one can easily buy the XRP token and pay no fee, its investors pay a premium for the fund, which has an expense ratio of 1.89%.

XXRP ETF的流入值得注意，因为其成本结构。尽管人们可以轻松购买XRP代币并不支付任何费用，但其投资者为该基金支付溢价，该基金的费用比率为1.89％。

A 1.89% fee is high even when compared with other leveraged ETFs. The popular Direxion Daily Semiconductor Bull 3x Shares ETF (NYSE:SEML), which has $9.9 billion in assets, charges a 0.75% management fee.

即使与其他杠杆ETF相比，费用也很高。流行的Direxion Daily Semiconductor Bull 3X股票ETF（NYSE：SEML）的资产为99亿美元，收取0.75％的管理费。

Similarly, the $22 billion ProShares UltraPro QQQ ETF (NYSE:TQQQ) has an expense ratio of 0.84%. XXRP’s fees mean that a $10,000 investment will cost at least $189 annually.

同样，耗资220亿美元的Proshares Ultrapro QQQ ETF（NYSE：TQQQ）的费用比率为0.84％。 XXRP的费用意味着10,000美元的投资每年至少耗资189美元。

Strong institutional demand

强劲的机构需求

Despite XRP’s high fees, sustained XXRP inflows signal strong institutional demand for XRP ETFs. It also means that the upcoming XRP ETFs will likely have more inflows.

尽管XRP的费用很高，但持续的XXRP流入信号XRP ETF表示强大的机构需求。这也意味着即将到来的XRP ETF可能会有更多的流入。

The Securities and Exchange Commission is currently reviewing 9 XRP ETFs from companies like Bitwise, Canary, 21Shares, WisdomTree, Franklin Templeton, and Grayscale.

美国证券交易委员会目前正在审查Bitwise，Canary，21Shares，Wisdomtree，Franklin Templeton和Grayscale等公司的9个XRP ETF。

JPMorgan (NYSE:JPM), the Wall Street bank, estimates these ETFs will have over $8 billion in inflows in the first year. If this happens, the inflow will be higher than that of Ethereum (CRYPTO:ETH).

华尔街银行摩根大通（NYSE：JPM）估计，这些ETF在第一年的流入量将超过80亿美元。如果发生这种情况，流入将高于以太坊（加密：ETH）的流入。

SoSoValue data shows that spot Ethereum ETFs have attracted less than $2.5 billion in the first seven months.

Sosovalue数据显示，在前七个月中，现场以太坊ETF吸引了不到25亿美元。

XXRP, like other leveraged ETFs, is a high-risk and high-reward fund. That’s because the fund seeks daily investment returns that correspond to 2x the daily performance of the XRP token.

与其他杠杆ETF一样，XXRP是高风险和高奖金的基金。这是因为基金寻求每日投资回报，与XRP令牌的每日表现相对应。

A good example is the ProShares QQQ ETF and the ProShares UltraPro Short QQQ ETFs. TQQQ, which provides leveraged exposure to the Nasdaq 100 Index, has jumped by 261% in the last five years, while the Nasdaq 100 Index has risen by 127% in the same period.

一个很好的例子是Proshares QQQ ETF和Proshares Ultrapro Short QQQ ETF。 TQQQ在过去五年中提供了杠杆率的杠杆风险，它在同一时期增长了261％，而NASDAQ 100指数在同一时期增长了127％。

SQQQ, which provides leveraged short exposure to the Nasdaq 100 Index, has crashed by 98% in the same period. Therefore, an XRP price crash will lead to more pain for XXRP ETF investors.

SQQQ可提供杠杆率短于NASDAQ 100指数，同一时期已坠毁98％。因此，XRP价格崩溃将导致XXRP ETF投资者更加痛苦。